Gradual Dirham Float will not Lead to Devaluation- Central Bank

The launch of the gradual float of the Dirham to reach a flexible exchange rate regime will not lead to currency devaluation reassured Governor of Bank Al Maghrib, Abdellatif Jouahri. Speaking at a press conference in Rabat, Jouahri played down the speculations on risks of Dirham devaluation due to the currency float saying that the […]

UK’s new PM pledges $108m to Africa, Middle East to grip migration crisis ‘at source’

The newly elected British Prime Minister Keir Starmer announced Thursday (18 July) $108 million in funding for Africa and the Middle East to tackle illegal migration “at source”, as he seeks to “reset” the United Kingdom’s approach to deal with the problem. Starmer has pledged $108 million to fund health and education initiatives abroad, as […]

Morocco, Senegal resolved to coordinate stances at AU Summit

Morocco and Senegal have expressed Friday (January 19) their will to coordinate stands at the upcoming summit meeting of the African Union, particularly on the issue of migration that will stand high on the African Leaders’ agenda. This came at a meeting Friday in Rabat between the Moroccan and Senegalese Foreign Ministers, Nasser Bourita and […]